Dorset
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Dorset when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Dorset when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Dorset when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Dorset when compared to any previous December.
- November 2014 saw a new record in company registrations in Dorset when compared to any previous November.
- The second half of 2014 saw a new record in company closures in Dorset when compared to any previous second half year.
- December 2014 saw a new record in company closures in Dorset when compared to any previous December.
- November 2014 saw a new record in company closures in Dorset when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Dorset when compared to any year in history.
A total of 6,444 companies were formed in Dorset in 2014. This total is 4.7% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Dorset UK 2014 6,444 582,051 2013 6,156 529,363 2012 5,624 491,893 2011 5,033 452,870 2010 4,704 400,358 Record Year 2014 (6,444) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Dorset when compared to any previous second half year.
In the second half of 2014 a total of 3,143 companies were formed in Dorset. This figure is 3.0% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Dorset occurred in 2014 when a total of 3,143 were formed.
Half Year (Jul-Dec) Dorset UK 2014 3,143 281,320 2013 3,051 259,931 % change 3.0% 8.2% Record Year 2014 (3,143) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Dorset when compared to any previous Q4.
A total of 1,528 companies were registered in Dorset during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 0.9% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Dorset UK 2014 1,528 137,906 2013 1,515 127,247 % change 0.9% 8.4% Record Year 2014 (1,528) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Dorset when compared to any previous December.
November 2014 saw a new record in company registrations in Dorset when compared to any previous November.
New Companies by Month
October November December New companies in 2014 569 526 433 New companies in 2013 592 502 421 % change -3.9% 4.8% 2.9% Record Year 2013 (592) 2014 (526) 2014 (433)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 3,871 companies were dissolved in Dorset in 2014. This total is 16.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Dorset UK 2014 3,871 367,937 2013 3,331 332,213 2012 2,957 293,729 2011 3,084 314,524 2010 3,714 342,233 Record Year 2009 (4,418) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Dorset when compared to any previous second half year.
In the second half of 2014 a total of 2,044 companies were dissolved in Dorset. This figure is 14.4% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Dorset occurred in 2014 when a total of 2,044 were closed.
Half Year (Jul-Dec) Dorset UK 2014 2,044 190,730 2013 1,786 177,021 % change 14.4% 7.7% Record Year 2014 (2,044) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 984 companies were dissolved in Dorset during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 11.3% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Dorset UK 2014 984 89,060 2013 884 90,851 % change 11.3% -2.0% Record Year 2014 (984) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Dorset when compared to any previous December.
November 2014 saw a new record in company closures in Dorset when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2014 287 321 376 Closed companies in 2013 365 230 289 % change -21.4% 39.6% 30% Record Year 2013 (365) 2014 (321) 2014 (376)
Net Company Growth
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Annual Data (2014)
A total of 2,573 companies were added to the company register for Dorset in 2014. This number represents growth of 39.9% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 252 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2013 when the Dorset company register grew by 2,825 companies.
Year Dorset UK 2014 2,573 214,114 2013 2,825 197,150 2012 2,667 198,164 2011 1,949 138,346 2010 990 58,125 Record Year 2013 (2,825) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Dorset increased by 1,099 companies.
Half Year (Jul-Dec) Dorset UK 2014 1,099 90,590 2013 1,265 82,910 Record Year 2003 (1,457) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Dorset during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 544 companies.
fourth quarter (Oct 2014 - Dec 2014) Dorset UK 2014 544 48,846 2013 631 36,396 Record Year 2012 (695) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 282 205 57 Net growth in 2013 227 272 132 Record Year 2003 (337) 2013 (272) 2012 (280)
UK Company Share
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Annual Data (2014)
In 2014 Dorset formed 1.1% of all UK companies. This is a decline on 2013 when Dorset was responsible for 1.2% of all UK companies.
Year Dorset 2014 1.1% 2013 1.2% 2012 1.1% 2011 1.1% 2010 1.2% Record Year (since 1960) 2002 (1.4%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Dorset formed 1.1% of all UK companies. This is less than the 2013 figure of 1.2%.
Half Year (Jul-Dec) Dorset 2014 1.1% 2013 1.2% 2012 1.1% 2011 1.1% 2010 1.1% Record Year (since 1960) 2002 (1.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Dorset formed 1.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Dorset 2014 1.1% 2013 1.2% 2012 1.1% 2011 1.0% 2010 1.1% Record Year (since 1960) 2002 (1.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 1.1% 1.2% 1.1% UK formation share in 2013 1.2% 1.2% 1.2% % change -8.6% -0.5% -12.0% Record Year 2000 (1.5%) 2002 (1.4%) 1990 (1.6%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.4.
The percentage of directors under the age of 25 was 6.7% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 45.3.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 45.6.
The percentage of directors under the age of 25 was 6.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Dorset was 1991 when 36.0% of all directors were female.
The percentage of female directors in Dorset in 2014 was 28.7%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Dorset was 2006 when 35.0% of all directors were female.
29.4% of all director appointments in Dorset in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Dorset was in 2006 when 36.4% of all directors were female.
30.2% of all director appointments in Dorset in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.96% CONSULTING 5.22% CONSULTANCY 3.06% MANAGEMENT 4.58% MANAGEMENT 2.65% CONSULTANCY 3.57% IT 1.28% PROPERTY 2.66% DORSET 1.21% CONSTRUCTION 2.12% PROPERTY 1.13% ENGINEERING 2.10% DESIGN 1.06% CARE 2.02% CONSTRUCTION 1.04% TRADING 1.94% ENGINEERING 1.04% LONDON 1.93% DEVELOPMENTS 0.89% TRANSPORT 1.93% J 0.83% DESIGN 1.66% PROJECT 0.76% CONSULTANTS 1.64% CONSULTANTS 0.74% ELECTRICAL 1.62% BOURNEMOUTH 0.69% PROPERTIES 1.62% ASSOCIATES 0.65% BUSINESS 1.56% ELECTRICAL 0.65% J 1.54% CARE 0.65% CO., 1.50% PROPERTIES 0.58% GLOBAL 1.49% BUSINESS 0.57% INVESTMENTS 1.48% ENTERPRISES 0.57% ASSOCIATES 1.47% SOUTH 0.57% DEVELOPMENTS 1.35% HOUSE 0.51% MEDIA 1.33% SYSTEMS 0.51% IT 1.31% TRADING 0.50% BUILDING 1.29% M 0.50% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 2,344 265,608 63990 - Other information service activities not elsewhere classified 1,035 6,157 96090 - Other service activities not elsewhere classified 581 29,009 99999 - Dormant Company 523 48,509 62020 - Information technology consultancy activities 511 30,178 70229 - Management consultancy activities other than financial management 445 42,290 82990 - Other business support service activities not elsewhere classified 401 58,068 62090 - Other information technology service activities 185 12,837 74909 - Other professional, scientific and technical activities not elsewhere classified 176 19,049 41100 - Development of building projects 158 11,397 43220 - Plumbing, heat and air-conditioning installation 132 5,189 47910 - Retail sale via mail order houses or via Internet 126 10,107 41202 - Construction of domestic buildings 125 7,559 98000 - Residents property management 114 5,255 68209 - Other letting and operating of own or leased real estate 113 11,212 86900 - Other human health activities 111 12,976 74990 - Non-trading company 109 13,984 56101 - Licensed restaurants 101 8,782 43999 - Other specialised construction activities not elsewhere classified 96 8,761 43210 - Electrical installation 86 5,985
Recent Companies
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Randomly selected companies from this quarter
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